N.Y. Comp. Codes R. & Regs. tit. 2 § 26.2

Current through Register Vol. 46, No. 53, December 31, 2024

Section 26.2 - Circularization of notice

Each notice of the sale of notes to be sold at public sale pursuant to the Local Finance Law shall be circularized by mailing a copy of the notice to the following:

(a) State Comptroller, 110 State Street, Albany, NY 12236-0001;

(b) at least two banks or trust companies having a place of business in the county or counties in which the issuer is located or, if only one bank is located in such county or counties, to such bank and to at least two banks or trust companies having a place of business in an adjoining county; and

(c) at least 10 bond dealers designated by the finance board of the issuer. The finance board may authorize the chief fiscal officer to make such designations.

N.Y. Comp. Codes R. & Regs. Tit. 2 § 26.2